your title is an exaggeration. they can affect the future of the blockchain technology but they can't dictate it.


the thing about blockchain technology is that it has always been open source and when something is open there for millions of people to see and a lot of people to review can not have any back-doors. even if it has, it will be found eventually. that's not something you can get away from.

it is the technology and being open source means anyone can use it for anything they like. the main purpose of bitcoin is being decentralized, independent and all that but this is not the purpose of cryptocurrency.
the main purpose of a cryptocurrency is to be a currency based on cryptography which brings speed, security and easy control. this can be very useful in a payment system too which is why a lot of countries/banks are looking into it.

a crypto business in my opinion is a bit different from selling stuff for bitcoin.
the selling part is just an additional option that any business can add just for convenience or to increase their number of customers. which is actually happening a lot. there have been merchants that started accepting bitcoin payment and now are reporting their sales have increased noticeably.

a crypto business is a business that focuses completely on bitcoin like a bitcoin exchange, a bitcoin casino, a bitcoin payment processor, a bitcoin bank,... these are the golden opportunities because this market is raw and is not yet filled. if you start a business now you will be the first and will become the biggest with a little effort. for example you can see Coinbase which is basically a bank and also an exchange. they are big and will become the biggest because they are the first. and they will make millions.

i say it will all depend on how much money is going to come back to bitcoin market and be invested back in it. i believe there is a large amount of money that has been waiting on the sidelines watching this trend to shape up and to become surer before they jump in.
and there is also the FOMO buyers that we should never forget. so with all that buy power price may shoot up after the $10k.

it was definitely an interesting read but i don't like the way it is putting it all together.

for sure, nobody can deny that luck plays an important role in everybody's lives, rich and poor alike. some have good luck and become more successful and some others have bad luck and fail. but to say being rich is determined by chance is wrong. i do believe in hard work. you may get lucky tomorrow and win the lottery but without hard work, talent and a functioning brain! that money is going to vanish in thin air so you will never become rich.

for example when i look back at my life for the past ~5 years, i have been working hard and i had a terrible luck with finding a job, making money, and anything else you may think. and although i am nowhere near being rich but i have improved my life significantly. and i will continue doing so until i get there.

haha, this was a very funny news. thanks for sharing it. i don't know how i missed it since it is quite old too.
it is mostly funny because in my head it is like a small food truck (Visa in this case) talking about McDonalds (imagine bitcoin) and say they won't buy hamburgers at McDonals ever.
who gives a shit if Visa is going to process cryptocurrency transactions or not. they don't need Visa at all.

i am willing to bet that what you call "organizations" are a bunch of scammers with a pretty website. because if you think about it no real business is going to accept a highly volatile asset as a collateral for a loan.

imagine you take a loan when price was $20k so you pay 1BTC as collateral and receive a little less than $20k. then price falls to $6k. do you think anyone in their right minds are going to pay back $20k to receive 1BTC or simple default the loan and go buy 3.33BTC instead?
now imagine a couple of borrowers do this. the "organization" is bankrupt in less than 3 months.

as long as the adoption of bitcoin is growing you can be sure that its price will also rise.
and so far bitcoin has been becoming better and better as a currency and with all the legalization of bitcoin as a currency in different countries the adoption has been growing even more.
with more merchant adoption the price will also continue to rise.

neither one of these countries have ever banned bitcoin!

i am sorry to disappoint you but the bubble has not been in existence for a very long time. i am afraid you fell for a big FUD and missed out on buying bitcoin while it was cheap. now you have to learn from this mistake and watch the price grow as you lose money.

it is not just about the supply although i agree fully with it.
it is all about the fact that bitcoin is a decentralized currency and what this government or that government says about bitcoin should not matter in first place!

it is obvious that if a government accepts bitcoin with open arms (eg. Japan) the growth of bitcoin will speed up consequently but if the opposite of it happens the growth won't stop, it will just slow down. and the government can not resist revolutions, they eventually have to give in because bitcoin is inevitable so is its adoption.

supply and demand has nothing to do with the volatility. what it explains is why and when price goes up and down. the volatility is when price is changing too much (rise or fall). the reason for that can be complicated and there are different theories about it. my favorite one is the market and how the exchange order books are still thin.

there are always certain people in any industry that is related to money, who are trying to take the shortcut and fill their pockets with a lot of money in a short time. they don't represent the whole industry!
by the way creation of shitcoins is nothing new. it has been happening from early days that people realized they actually could copy the source of bitcoin!


i find it absurd that they kept of blaming bitcoin.org and core guys for manipulation and running their "agenda" but Roger Ver is doing exactly what he was blaming in his bitcoin.com and other places!

it is called "hardware" wallet which is very different from an "offline" wallet.
a hardware wallet is basically something like a flash disk that you store your private keys (your wallet) in it and it is designed in a way to be secure and not leak your keys out.
but an offline wallet is any wallet that is used offline. it can be a paper wallet which is private keys on a paper or a desktop wallet that is installed on an offline computer.

the funny thing is it had nothing to do with bitcoin. it is the dumbness of the people. they might as well have been robbed of their cash, gold or anything else of value they had if they flashed it around like that. it is like bagging to be robbed or sending an open invitation to all the thieves to come and rob them.

lol yeah. i think OP was copying content from somewhere and was too busy changing the words that he forgot to copy the whole damn thing here


that is still not exactly a "news" it is just coindesk reporting what has happened, somewhat like OP actually. hmmm.
when you say news you kind of expect some reasons behind the rise and fall and some analysis.

i don't really think banks and government are actually that scared of bitcoin that OP thinks or some topics around here wants you to believe it that way. in fact i think they are very excited about bitcoin, specially banks since as bitcoin grows and more people invest in it the banks earn a lot more money from the transactions to and from banks to and from exchanges. and also nothing is stopping them in the near future from offering bitcoin related services like bitcoin credit/debit cards! or bitcoin loans,...

we need to treat people like Roger Ver exactly like themselves.
he starts a social media crap about bitcoin so should we. we need to start informing people how scammy bitcoin cash is and how the people behind it are trying to rip off newbies.
websites like bitcoin.com should be avoided at all costs.

that's the problem with people these days. you are trying to solve a problem that does not exist. it is like insisting on using a rocketship to go to work instead of using the bus or your car!
yeah you can use a smart contract to do anything, but the question is what will you gain by adding this complication?

the "walk" towards $10000 slowed down as soon as price reached above $9000 and everyone started their accumulation of bitcoin. it is not slowing down it is already slow because of how this phase generally works and it only needs time to come to an end and we see the real rise happen.

there isn't any talk about tether and all the crap they are pulling because all the "talk" was being spread on the internet to increase the drop so that they can buy cheaper coins. and ever since the drop ended and reversal started the "talk" lost its main and only purpose!

additionally this "talk" was based on one big assumption and that was "bitcoin is rising whenever they print new USDT" but during the drop they kept printing more like they always do and price kept on dropping which proved that assumption was bullshit. so there is no bases for the "talk" anymore either.